SEC Approves RWA Tokenization in Philippines
The Philippine SEC, led by Commissioner Rogelio Quevedo, confirms readiness for real-world asset tokenization, enhancing investor protection and innovation in capital markets. #Update #Crypto $ETH
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Bitcoin Kidnappers Plead Guilty After $8M Heist
Two brothers pleaded guilty to kidnapping a Minnesota family at gunpoint to steal $8 million in cryptocurrency, facing up to 20 years in prison. #Breaking #Legal $BTC
S&P 500 Wagers Launch at Charles Schwab
@CharlesSchwab plans to launch S&P 500 prediction market options allowing yes-or-no wagers, partnering with Cboe Global Market; regulatory scrutiny continues. #Update #Crypto $SPX
Bitcoin Gains MiCA License in Austria
@WhiteBIT has received a MiCA license from Austria’s Financial Market Authority, enabling regulated crypto services across the EU. The deadline for legacy registrations is July 1. #Update #Crypto $BTC $ETH
Prediction Markets Ban Proposed for Insiders
Wisconsin Representative Bryan Steil introduced the Stop Lawmakers from Predicting Act to bar Congress members and their families from wagering on political outcomes, excluding White House officials. #Update #Legal
Bitcoin ETFs Transform Dividends into Crypto Exposure
@FranklinTempleton has filed for two ETFs that convert US stock dividends into Bitcoin exposure, launching with a 5% Bitcoin allocation. #Update #Crypto $BTC
Bitcoin Miners Eye AI as Exit Strategy
Nvidia plans a $20 billion bond sale to finance AI expansion, prompting Bitcoin miners to pivot towards AI infrastructure amid tightening mining margins. Ripple invests in Flutterwave for African payments. Sam Bankman-Fried loses appeal on fraud conviction. #Update #Crypto $BTC
Aave Survives $8.45B Withdrawal Surge
@Aave survived $8.45B in withdrawals after the KelpDAO rsETH bridge exploit caused liquidity stress, raising concerns about DeFi’s stability despite its resilience. #Update #Crypto $AAVE
Bitcoin Surges to $63K Amid Fed Rate Hike Odds
Bitcoin ($BTC) rose above $63,000 as markets adjusted to a hawkish Federal Reserve stance and renewed US-Iran tensions, with a near 40% chance of a rate hike by July. #Update #Crypto $BTC
Binance Challenges MiCA Amid ECB Scrutiny
@Binance’s MiCA license application in Greece faces rejection amid ECB influence concerns, as reports suggest ECB President Christine Lagarde opposes Binance’s presence in Europe. #Update #Crypto $BNB
Kalshi Launches Early IPO Talks with Banks
@Kalshi is reportedly in early IPO talks after surpassing $2 billion in annualized revenue, despite regulatory scrutiny over sports betting contracts, which comprise 53% of its trading volume. #Update #Crypto $BTC
Binance Launches Trading for Philippine Traders
@Binance can provide crypto trading access in the Philippines via @BlockShoals, but neither is authorized for peso transfers, according to legal adviser Marie Antonette Quiogue. #Update #Crypto $BNB
Ethereum Development Funding Crisis Deepens
Former Ethereum Foundation contributor Trenton Van Epps warned of a potential $30 million annual funding crisis for Ethereum, following recent layoffs and reduced resources at the foundation. #Update #Crypto $ETH
Bitcoin Activity Surges Near Record Highs
Bitcoin microtransactions below 0.01 BTC now represent 80% of daily transactions, boosting network activity to near-record levels despite low prices, as per @CryptoQuant report. #Update #Crypto $BTC